VIKING CAPITAL INVESTMENT CRITERIA

 Transaction Size

•  $5M-50M

Asset Type

• C – B + multi-family properties
• 90+% occupied assets capable of obtaining long-term debt

Ratios and Exit

• Capable of achieving 7-8% cash on cash return at takeover in primary markets, or 8-10% in secondary or emerging markets
• Debt coverage ratio 1.5
• 3-7 year holds

Target Markets

• Primary and emerging markets nationwide